Author - Shelley Tuicakau

Foamex is an Australian owned and operated company which has been supplying polystyrene products to commercial and residential customers since 1982.
As a leading polystyrene manufacturer, Foamex’s processes are energy intensive and the company is continually looking for ways to hedge against energy price volatility, strengthen their position in the market and ultimately secure their long-term profitability and survival.
Foamex has invested in energy efficiency projects before and were looking to uncover further innovative, energy productivity options.

New product helps businesses efficiently lock in renewable generation ERM Power is launching a new Corporate Renewable Power Purchase Agreement (PPA) product to facilitate easier access to renewable energy sources for commercial and industrial customers.
“This allows commercial and industrial businesses to buy a partial interest in the output of a large renewable power station, to support their business and environmental energy objectives,” said Executive General Manager Trading David Guiver.
“Working through ERM Power, businesses can enjoy the benefits of a…

“Solpod” is a world-first mobile method of deploying and installing large-scale rooftop commercial solar energy installations, designed and made in Australia and officially launched today.
Solpod comprises prefabricated commercial-grade solar panels on raised aluminium pods that can be installed within hours on industrial sized rooftops. The pods are mobile and can easily be re-deployed if the business moves, property is sold, or businesses have an appetite to effectively lease rather than buy the solar systems.
Solpod has been brought to the…

Our Energy Assessments are designed to pinpoint any inefficiencies and source real savings for your business.
ERM Power’s Executive General Manager, Energy Solutions Megan Houghton says many larger customers that ERM have worked with are unaware that these savings are possible.
“We’ve noticed that most businesses are preoccupied with their day-to-day tasks and targets and they don’t necessarily have the internal capabilities or resources to know when an energy management opportunity exists.
“Companies want to save money and remain competitive. What they…

ERM Power (ASX: EPW) has signed a power and Large-scale Generation Certificate (LGC) offtake agreement with Edify Energy to underpin construction of the 58MW large-scale Hamilton Solar Farm in regional Queensland.
ERM Power Managing Director & CEO Jon Stretch said today’s announcement further reinforced the Company’s commitment to supporting the growth of renewable sources of energy in Australia.
The agreement will see ERM Power purchase all of the energy and LGCs produced by the Hamilton Solar Farm in coming years.
“ERM Power’s…

The NSW Government is offering up over $16m in matched funding to help manufacturing businesses save energy and money.
The NSW Office of Environment and Heritage opens funding is now open for manufacturing businesses in NSW, as well as potentially those that undertake manufacturing activities, to boost their energy efficiency.
Manufacturers are energy intensive and some of the largest users of energy in the country, so this comes as a valuable opportunity for businesses to upgrade to energy efficient equipment, improve…

Record electricity prices driven by extreme weather, generator outages and aggressive patterns of generator bidding behaviour, outlines ERM Power EGM Trading David Guiver.
Forward contract prices escalating: high pool prices, as a result of recent events, have led to higher contract prices for commercial and industrial customers. Unpredictable market behaviour highlights the importance of good energy management strategies for large power consumers in a volatile energy market and policy environment.
Much has been written about the extreme pool price volatility that…

Australian businesses are failing to seize the opportunity to take control of their energy consumption, despite the increasing cost of electricity being their most pressing concern, new research from ERM Power shows.
The research, conducted for ERM Power by MCR (Market and Communications Research)* reveals that only four in ten businesses surveyed have in place, or are working on, a formal energy management strategy, and only two in ten have KPIs related to energy or sustainability.
With energy prices forecast to stay…

ERM Power (ASX: EPW) has welcomed the much-anticipated Finkel Report and hopes that for the sake of energy consumers it will provide a pathway which lends certainty to investors and the energy industry.
CEO Jon Stretch said the company would take some time to digest the recommendations in Chief Scientist Dr Alan Finkel’s report, released today (9 June).
“I would call for a reasoned and calm approach to analysing Dr Finkel’s report,” he said. “We don’t believe anyone should be ruling…

ERM Power (ASX: EPW) has signed two Large-scale Generation Certificate (LGC) offtake agreements with Nexif Energy, supporting construction of the 212MW Lincoln Gap Wind Farm in South Australia.
ERM Power Managing Director & CEO Jon Stretch said it was gratifying to support a project which had been a long time in development and which delivered new renewable sources of energy in Australia.
“We’re helping deliver new wind and solar energy into the system like this Nexif Energy wind project due to…

ERM Power today announced it has reached agreement on commercial terms that will underpin the construction of two renewable energy generation assets in Australia. The two facilities will have a combined capacity of more than 300MW.
The foundation contracts for the purchase of Large-scale Generation Certificates (LGCs) have been the subject of negotiation with developers since mid-2016 and will commence in 2018. Project details remain commercial in confidence until the respective projects reach financial close, and are subject to standard…

Beenleigh School Program slashes power bills.
As large parts of Australia swelter through the latest heatwave, energy expert ERM Power is urging schools and businesses to consider a number of energy saving initiatives that will help take the sting out of their power bills.
“We know from our many years of working with schools and large commercial and industrial sites that summer is traditionally a very expensive time for them. Unfortunately, extreme weather conditions like those we’re seeing this week will…

ERM Power CEO Jon Stretch said today that heightened concerns about energy policy, price and security are a timely reminder to businesses that consumption is the only lever available to them to help control spiralling electricity costs.
Mr Stretch said managing energy consumption through demand side management was the cheapest form of carbon abatement but was lost in the debate because of the focus on the supply side of the energy equation.
“The energy sector is characterised by policy, pricing and…

ERM Power Limited (ASX: EPW) today announced the appointment of Megan Houghton to its executive team, in the newly created role of Executive General Manager Energy Solutions.
Ms Houghton, a former Telstra Queensland Business Woman of the Year, joins ERM Power from her role as Director-General for the Queensland Department of Tourism, Major Events, Small Business and the Commonwealth Games.
Ms Houghton is a senior executive with 20 years’ experience in consulting, energy and water utilities. She has previously held senior…

ERM Power Limited (ASX: EPW) is on a mission to reduce electricity “bill shock” by helping small business owners more efficiently manage their electricity costs.
ERM Power Executive General Manager Business Energy Steve Rogers said small businesses were often faced with the challenge of juggling their expenses with their cash flow, and the cost of electricity was often a shock when the bill arrived.
Mr Rogers said that although the cost of electricity was often a large part of businesses’ overall…